What are key trade offs in eCommerce?

What are key trade offs in eCommerce?

Now that grocery eCommerce has gained significant inroads into consumer behavior, more and more grocers have discovered the four key tradeoffs inherent in a successful platform: price, variety, speed, and service model.

What is a good trade-off?

a situation in which you accept something bad in order to have something good: For some car buyers, lack of space is an acceptable trade-off for a sporty design. SMART Vocabulary: related words and phrases.

How do you calculate a trade-off?

There is no specific calculation for a trade-off, so determining the trade-off in any situation is not always easy. When deciding between two or more courses of action, ranking the alternatives from top to bottom can make you feel more confident that you are picking the right one.

What are some examples of trade-offs?

In economics, a trade-off is defined as an “opportunity cost.” For example, you might take a day off work to go to a concert, gaining the opportunity of seeing your favorite band, while losing a day’s wages as the cost for that opportunity.

What are some examples of trade offs?

What are some examples of trade-off?

When is the best time to do off trade?

For off trade sales, the sweet spot is when audiences are in supermarkets or browsing online at home; that is, in a place where they can easily purchase a case of beer or add a few bottles to the trolley. It follows that the best time is when people are most likely to be doing their weekly shop (either on- or offline) or are passing a retailer.

Which is an example of a trade off?

In a free market, a trade-off can be the difference between bankruptcy and a million-dollar deal. To expand or shrink, to diversify holdings or consolidate them. These are a couple of examples of trade-offs that businesses often face.

Which is the sweet spot for off trade?

Real-time location data shows which environment audiences are in and therefore how you should best promote your products. For off trade sales, the sweet spot is when audiences are in supermarkets or browsing online at home; that is, in a place where they can easily purchase a case of beer or add a few bottles to the trolley.

What to do if you have a problem shopping online?

If you have a problem when you shop online, try to work it out directly with the seller or site owner. If that doesn’t work, you can report it to: the Federal Trade Commission at ReportFraud.ftc.gov. your state attorney general. your state’s consumer protection agency. Tagged with: online security, saving money, shopping.